Eaton's Corporate Sector division is currently seeking a Global Insurance Risk Manager. This position will be located at our Beachwood, OH facility.
We are seeking a strategic and forward-thinking Global Risk Manager to support our global insurance and risk management strategies. The Global Risk Manager will report to the Director, Global Insurance and Risk Management. This individual will play a crucial role in shaping the way our company manages risks worldwide by developing, implementing, and refining risk management practices. The ideal candidate will be committed to continuous improvement, proactive in identifying emerging risks, and possess a deep understanding of managing complex, global insurance programs. This role provides the opportunity to influence the company's overall risk strategy and strengthen resilience across our global operations. Additionally, the Global Risk Manager will lead and develop a team, fostering growth and efficiency within the risk management function.
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The expected annual salary range for this role is $120075.03 - $176110.04 a year. This position is also eligible for a variable incentive program.
Please note the salary information shown above is a general guideline only. Salaries are based upon candidate skills, experience, and qualifications, as well as market and business considerations.
What you'll do:
• Develop, implement, and oversee various global insurance programs ensuring adequate and cost-effective coverage for all business units.
• Negotiate, renew, and review insurance policies to align with business needs, regulatory requirements, and market conditions.
• Develop and implement fixed cost allocation strategies across business units, ensuring a fair and transparent process.
• Prepare, track, and manage budgets for insurance premiums, claims, and program administration costs.
• Maintain strong relationships with internal stakeholders such as business operations, human resources, legal and corporate accounting; and external stakeholders such as brokers and insurers.
• Manage and inspire team, cultivating a collaborative and high-performing culture. Coach and mentor employees to thrive and advance in their careers.
Qualifications:
Required (Basic) Qualifications:
• Bachelor's degree from an accredited institution.
• Minimum of five (5) years experience dealing with global corporate insurance programs.
• Must be legally authorized to work in the United States without company sponsorship, now or in the future.
• No relocation benefit is being offered for this position. Only candidates within a 50-mile radius of Beachwood, OH will be considered. Active-Duty Military Service member candidates are exempt from the geographical area limitation.
Preferred Qualifications:
• Master's degree or MBA from an accredited institution.
• Experience in corporate treasury or other corporate finance functions.
Position Success Criteria:
• Strong analytical and strategic thinking skills with a focus on value creation.
• Exceptional leadership abilities with a track record of managing high-performing teams.
• Excellent communication and interpersonal skills, capable of influencing stakeholders at all levels.
• Adept at navigating complex financial landscapes and adapting to changing market dynamics.
• Demonstrated ability to think outside the box and innovate within a corporate finance context.
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You do not need to disclose your conviction history or participate in a background check until a conditional job offer is made to you. After making a conditional offer and running a background check, if Eaton is concerned about conviction that is directly related to the job, you will be given the chance to explain the circumstances surrounding the conviction, provide mitigating evidence, or challenge the accuracy of the background report.
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We know that good benefit programs are important to employees and their families. Eaton provides various Health and Welfare benefits as well as Retirement benefits, and several programs that provide for paid and unpaid time away from work. Click here for more detail: Eaton Benefits Overview. Please note that specific programs and options available to an employee may depend on eligibility factors such as geographic location, date of hire, and the applicability of collective bargaining agreements.